$6,637 Closing Credit*
$558,888
3,132 SqFt
5 Beds
•3 Full Baths
Jaime Alvarez, Listing Office: New Bay Realty
Is Patterson, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Patterson has remained a Seller's Market.
Key Takeaway
Patterson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Patterson, CA
How much do homes in Patterson, CA cost?
Median Sold Price
$555,000
$256/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$35,000(+6.7%)
Key Takeaway
Homes in Patterson have sold for 6.7% more than they did a month ago.
Summary: The median home sold price in Patterson was $555,000 in November 2024, up 6.7% from last month, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $341K | N/A |
| 4 Bedrooms | $520K | $560K | +7.7% |
| 5+ Bedrooms | $562.5K | - | N/A |
Summary: Patterson housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes did not change.
Housing Supply in Patterson, CA
How many homes are available in Patterson, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 23 | -4.2% |
Summary: The Patterson real estate market had 23 homes for sale in November 2024, a 4.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Patterson housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Patterson, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Patterson in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Patterson, CA
How long does it take to sell a home in Patterson, CA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 76 Days | 27 Days | -63.8% |
Summary: Homes in Patterson had an average of 27 days on market in Nov 2024, down by 63.8% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Patterson are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Patterson; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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